Job Description

About PHILIPS:

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow. But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions – the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

About Philips Global Business Services (GBS)

Philips Global Business Services delivers excellence in the execution of business services, enabling an agile repeatable framework to leverage market opportunities that contribute to extending our leadership as a Health Technology company. Our people are a key part of the transformation program in Philips and at GBS, you become part of a global team of professionals that form the backbone of this journey.

In this role, you have the opportunity to

This role gives a full insight into the book closure activity of Philips and how it interacts with downstream and upstream activities. You will play a key role in bringing in the consolidated numbers for publishing

You are responsible for

Ensure that the accounting is done accurately and on time.

Review that all balances are correctly held and that adequate reconciliations are available with appropriate documentation

Verify compliance with accounting standards and regulations based on IFRS

Preparation & Review of JVs, BSARs, GBSR, Internal Controls related documentation

Month-close activities

Liaise with Market stakeholders on the regular activities / alignment/escalation management

Provide accurate & timely data for fiscal reporting and other requirements.

Prepare & share documentation/samples for audit

Responsible for managing 3rd party colleagues on transactional activities. 

Responsible for Continuous Improvement projects and drive standardization as per goals. 

Provide commentary for the variances in Trial Statement Review & lead TSR calls as & when required

Achieving RTR Goals & Key performance Indicators

B Com, M Com with 0 to 2 yrs of R2R experience.

Good in Microsoft excel

Knowledge in SAP

Ability to manage multiple stakeholders, penchant for bringing new ideas and looking for continuous improvements